1 unchanged sentence
Market Information
−Removed: On June 23, 2023, we changed
−Removed: our name from Genius Brands International, Inc.
−Removed: to Kartoon Studios, Inc.
−Removed: through our merger with and into our wholly owned subsidiary.
−Removed: On June 26, 2023, we transferred our listing of our common stock from the Nasdaq Capital Market (“Nasdaq”) to NYSE American
−Removed: LLC (“NYSE American”).
−Removed: In connection with listing on NYSE American, we voluntarily delisted our common stock from Nasdaq.
−Removed: Our common stock began trading on NYSE American under the new symbol “TOON” on June 26, 2023.
−Removed: On February 10, 2023, we effected
−Removed: a 1-for-10 reverse stock split of our outstanding shares of common stock.
−Removed: The reverse stock split proportionately reduced the number of
−Removed: shares of authorized common stock from 400,000,000 to 40,000,000 shares.
−Removed: The reverse split also applied to common stock issuable upon
−Removed: the exercise of our outstanding warrants and stock options.
−Removed: The reverse split did not affect the
−Removed: authorized preferred stock of 10,000,000 shares.
−Removed: Unless noted, all references to shares of common stock and per share amounts contained
−Removed: in this Annual Report on Form 10-K have been retroactively adjusted to reflect a 1-for-10 reverse stock split.
+Added: Our common stock is trading
+Added: on NYSE American under the symbol “TOON”.
As of March 31, 2026,
−Removed: 2025, there were approximately 191 stockholders of record of our common stock, although we believe there to be a significantly
−Removed: larger number of beneficial owners of our common stock.
+Added: there were approximately 192 stockholders of record of our common stock.
We have never declared or
2 unchanged sentences
Information about our equity
−Removed: compensation plans is incorporated herein by reference to Part III, Item 12 of this Annual Report.
+Added: compensation plans is incorporated herein by reference to Part III, Item 12 of this Annual Report on Form 10-K.
Recent Sales of Unregistered Securities
−Removed: February 3, 2025, we issued 126,743 shares of common stock valued at $0.79 per share for charity event registration
−Removed: issuance of the shares of common stock was exempt from registration pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended.
+Added: did not sell any equity securities during the quarter ended December 31, 2025, in transactions that were not registered under the Securities
+Added: Act other than as previously disclosed in our filings with the SEC and as described below.
+Added: December 17, 2025, we issued 65,274 shares of common stock, valued at $0.77 per share, as consideration for a charity event registration
+Added: foregoing issuances of the shares of common stock were exempt from registration pursuant to Section 4(a)(2) of the Securities Act of 1933,
+Added: as amended (the “Securities Act”).
Company Purchases of Equity Securities
−Removed: The table below summarizes
−Removed: such repurchase during the quarterly period ended December 31, 2024:
−Removed: Total Number of Shares Purchased
−Removed: Average Price Paid per Share
−Removed: Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs
−Removed: Maximum Number (or Approximate Dollar Value) of Shares That May Yet Be Purchased Under the Plans or Programs
−Removed: October 1, 2024 - October 31, 2024
−Removed: November 1, 2024 – November 30, 2024
−Removed: December 1, 2024 - December 31, 2024
+Added: The Company did not repurchase
+Added: any shares of its stock during the quarter ended December 31, 2025.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.